Proportion Based Hypothesis Testing Proportion is a representation of a ratio in which numerator value is part of the denominator. In another words, we can say that it is presentation of a part of percentage out of the total sum....[ read more ]
This category of the Advance Innovation Group blog shall help the reader with expert articles written by practitioners and SMEs. Articles shall cover several Management Systems and improvement methods like Lean, Six Sigma, ISO 9001 Standard, ISO 27001 Standard, ISO 14001 Standard, Project Management, ITIL, Prince2 etc.
Proportion Based Hypothesis Testing Proportion is a representation of a ratio in which numerator value is part of the denominator. In another words, we can say that it is presentation of a part of percentage out of the total sum....[ read more ]
Ppk : Lesser known sibling of Cpk Cpk and Ppk are indices for measurement of process capability while Cpk is measure of Potential process capability i.e. how well your process can perform under best conditions Ppk is indices of actual...[ read more ]
Variance based Hypothesis Testing Variation is present in everything that we do. Whether we like it or not, variation is present in all activities. Similarly, in business processes also, lots of variation is present. The problem arises when the variation...[ read more ]